# PPP loan: IMS MACHINE LLC
> **$347K** approved 01/20/2021 · Paid in Full · Loan `2230508308`
## Borrower
- **Name:** IMS MACHINE LLC
- **Address:** 4805 E US Highway 377, Granbury, TX, 76049-7723
- **NAICS:** 332710
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $347K
- **Initial approval:** $347K
- **Forgiven:** $350K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $347K
- **Utilities:** $1
- **Jobs reported:** 46
## Lender
- **Originating:** The First National Bank of Granbury
- **Servicing:** The First National Bank of Granbury (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*